We tapped below $60k today ๐โ lowest since Oct 2024 โ but still no daily close below after a sharp COVID-style selloff. RSI deeply oversold and held around the 1.618 from the 2017 cycle peak.
Weekend/Monday could stay choppy, but most aggressive downside pressure looks to be slowing. Bears/market makers probably need a run to ~$68k before another serious flush attempt. Weโll see in the coming days.
Price is right in the realized holder zone where LTH/STH balance often supports. Power law models flashing bottom quantiles. Dip-buying talk is rising โ bears showing early signs of fatigue.
ISM Manufacturing at 54 (May), steady expansion above 50. This can last much much longer and is great for all markets.
Tons of equity capital sidelined and can rotate at any given time โ QT ended Dec โ25, easing the prior liquidity drain.
Still bullish into summer. Watching how markets digest the Space X IPO and Warshโs signals at his first FOMC in two weeks โ his SpaceX/crypto holdings lean dovish/innovative. I think the new regime will be a suprise to most.
A healthy pre-midterm pullback could set up a cleaner Q4 - 2027+ run to new ATHs. Ideally, most geopolitical issues are mostly resolved by/after midterms. Clearing the runway for a calmer period in markets. By then oil/inflation scares should be lower and the AI train losing some steam after several large IPOs.
Using this time to stack more $BTC, $LTC, and $DOGE.
Still bullish @BuckyBonkFun and @fartcoinbase
Keep the faith๐๐
@litecoinlion Great confluence. I think weโre in a long accumulation, longer than eth. Looking forward to the next year or two and have enjoyed buying these levels
bitcoin:native - Still holding above this 1.618 beautifully. not many people this simple chart outlining the exact zone we're been in. I still maintain this as the bottom zone and expect us to move higher sooner than later.
My thesis remains that end of Q4 into 1H 2027 will be an environment where crypto thrives. We have not had a 3-6mo runway of risk off since ~2021, only short spurts of 1-3 months at a time. Only time will tell. That window may move further out. Regardless, we are seeing wicks to the downside on the LTF here. Bulls are gaining control.
We tapped below $60k today ๐โ lowest since Oct 2024 โ but still no daily close below after a sharp COVID-style selloff. RSI deeply oversold and held around the 1.618 from the 2017 cycle peak.
Weekend/Monday could stay choppy, but most aggressive downside pressure looks to be slowing. Bears/market makers probably need a run to ~$68k before another serious flush attempt. Weโll see in the coming days.
Price is right in the realized holder zone where LTH/STH balance often supports. Power law models flashing bottom quantiles. Dip-buying talk is rising โ bears showing early signs of fatigue.
ISM Manufacturing at 54 (May), steady expansion above 50. This can last much much longer and is great for all markets.
Tons of equity capital sidelined and can rotate at any given time โ QT ended Dec โ25, easing the prior liquidity drain.
Still bullish into summer. Watching how markets digest the Space X IPO and Warshโs signals at his first FOMC in two weeks โ his SpaceX/crypto holdings lean dovish/innovative. I think the new regime will be a suprise to most.
A healthy pre-midterm pullback could set up a cleaner Q4 - 2027+ run to new ATHs. Ideally, most geopolitical issues are mostly resolved by/after midterms. Clearing the runway for a calmer period in markets. By then oil/inflation scares should be lower and the AI train losing some steam after several large IPOs.
Using this time to stack more $BTC, $LTC, and $DOGE.
Still bullish @BuckyBonkFun and @fartcoinbase
Keep the faith๐๐
The US property market. Always follow what you feel is right, here is just my opinion but I will showcase a chart- new sales tend to drop of 1st as can be seen, then gradually starts to go down whereby the bigger drop comes bit later like in 2008.
The indicators are just showing how momentum is leaving and then the cycle indicator at the bottom shows how its progressing right, just look at the confluence with what happened in past cycles to what is happening now.
The US property market is much cleaner and clearer than the AUS market, however it is also not any coincidence that the 18.6 y cycle is lining up with this
Geopolitics lesson for all of you:
Morocco is an ally of Israel and the United States, a Zionist state.
Spain is geopolitically aligned against the Zionist alliance.
What's currently happening is actually an Israel-funded invasion of the Spanish territory at the northern tip of Morocco to seize control of that side of the Strait of Gibraltar, with the other side, Gibraltar, already being a UK territory. This would mean the Zionist states would be seizing full control of the major access point to the Mediterranean.
The foolish MAGA conservatives will continue to scapegoat "rabid Islam" while ignoring what's really happening and what forces are behind it. And, no, for the record, I'm not pro Islam either.
Rates wonโt be changed until the โtask forceโ completes their jobs. Meaning anytime in early 2027.
They will likely unveil their own Truflation metrics and then cut aggressively.
Crypto will crawl higher in the period between now and then before it moons.
Rates wonโt be changed until the โtask forceโ completes their jobs. Meaning anytime in early 2027.
They will likely unveil their own Truflation metrics and then cut aggressively.
Crypto will crawl higher in the period between now and then before it moons.
$SPX - $RUSSELL - $SMH - $NVIDIA - $ETH - $BTC
The Rotation is happening but you cant see it, because of your hourly and daily candles.
But no problem, i'm here to help you.
Thank you for your attention to this matter.